Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox.  Subscribe to the Empire newsletter . Break the cycle! Are we about to buck the precedent of a volatile four-year cycle?  Framework Ventures co-founder Michael Anderson thinks so…if and when we get formal SEC approval for ETH ETFs.  But

ETH exchange traded-funds issuers were told by the SEC that funds can start trading July 23, according to sources. The SEC had no further comments on the recently submitted S-1s and the final versions needs to be submitted by Wednesday. ETH outperformed BTC on Monday, on the news of potential ETF trading approval. Prospective issuers

Plaintiffs in an ongoing class action lawsuit against Tether and Bitfinex have filed a new, slimmed-down complaint accusing the crypto companies of manipulating the crypto markets and violating antitrust laws. The second amended complaint, filed in the Southern District of New York (SDNY) on Monday, accuses Tether and its sister crypto exchange Bitfinex of operating

Former President Donald Trump, the presumptive Republican nominee for leader of the U.S., announced he chose crypto-friendly Sen. J.D. Vance (R-Ohio) as his vice presidential candidate. “After lengthy deliberation and thought, and considering the tremendous talents of many others, I have decided that the person best suited to assume the position of Vice President of

Crypto exchanges appear to be cracking down on who is eligible for the discounted trading fees they offer to their largest customers. OKX, the second-largest exchange, just asked prime brokerages for more information, following changes at larger rival Binance. 06:08 Traders Are ‘Valuable Resource’ for Crypto Market: Analyst 06:52 Coinbase Phasing Out ‘Coinbase Pro’ for

BlackRock’s Larry Fink said bitcoin is a legitimate financial asset that everybody should hold. This comes as the asset manager on Monday posted better-than-expected second quarter earnings. BlackRock’s iShares Bitcoin Trust (IBIT) added $4 billion in assets during the quarter. 22:08 How Crypto Markets Reacted to Trump’s Assassination Attempt 02:05 Trump’s Odds of Victory Hit

A failed assassination attempt in Pennsylvania seems to have bettered Donald Trump’s chances of winning the winter elections, at least in the eyes of betters. Polymarket bettors wager that Republican candidate Donald Trump has a 71% chance of winning this year’s U.S. presidential election and beat sitting Joe Biden in November. On Monday, Joe Biden’s odds

Bitcoin’s start to the week saw it climb above $63,000, but analysts at Bitfinex warn that the market may be facing a retrace as the week progresses. BTC is up 5% over the past 24 hours and by 13% over the past week. These gains have come amid a confluence of factors, including German government’s

Sen. J.D. Vance, Ohio Republican and “Hillbilly Elegy” author, has been announced as former President Donald Trump’s running mate for the 2024 election.  Vance’s selection comes amid his push to reform digital asset regulation, which has garnered support from the crypto industry.  Vance and crypto legislation Vance is a popular choice among crypto enthusiasts, given

A recent report reveals a significant forking in investor sentiment between Ethereum (ETH) and Bitcoin (BTC). Bybit, the world’s second-largest cryptocurrency exchange by trading volume, published its latest Crypto Derivatives Analytics Report in collaboration with BlockScholes.  According to that report, market trends and trading signals across spot trading volume, futures, options, and perpetual contracts show